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Instilling confidence through trust is paramount at KPMG in Malaysia, and we firmly believe that it begins with quality. 

KPMG Malaysia’s Transparency Report 2023 provides insights into how we continue to uphold our commitment to audit quality and professional excellence. Covering the financial year to 31 December 2023, we highlight our efforts in integrating powerful technologies, forging strategic alliances and investing in talent upskilling – all aimed at transforming the audit experience. Reinforcing our commitment to quality assurance, we are also making significant investments in putting Environmental, Social and Governance (ESG) assurance at the heart of the firm.

KPMG has a responsibility to so many people, businesses and institutions across the world. By utilizing the breadth of our organization and the expertise of our people, KPMG in Malaysia is here to serve clients and stakeholders to safeguard the public interest. At KPMG, we will never waiver from our commitment to deliver high-quality audit and assurance services. 

We encourage you to read this report to learn more about how we’re working to ensure you can trust KPMG to deliver professional excellence and quality.

The System of Quality Management Statement of Effectiveness

As of 30 September 2023

The annual evaluation of KPMG in Malaysia's System of Quality Management as of 30 September 2023 concluded that the System of Quality Management provides KPMG in Malaysia with reasonable assurance that the objectives of the System of Quality Management are being achieved.

The objectives of the System of Quality Management are to provide KPMG in Malaysia with reasonable assurance that:

• KPMG in Malaysia and its personnel fulfill their responsibilities in accordance with professional standards and applicable legal and regulatory requirements, and conduct the engagements in accordance with such standards and requirements; and

• Engagement reports issued by KPMG in Malaysia or engagement partners are appropriate in the circumstances.